Private U.S. property/casualty insurers’ net income after taxes grew to $44.0 billion in the first nine months of 2015 from $37.8 billion in nine-months 2014, with insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus …
While the typical Atlantic hurricane season features 11 named storms and six hurricanes, this year’s quiet season helped the state of Florida mark a big milestone – 10 years without a major hurricane making landfall in the state. The Miami …
Nearly 157 million Americans planning to celebrate Halloween this year, according to the National Retail Federation (NRF), and with all that fun comes a heightened risk of property damage, injury and even death. The NRF estimated total spending for the …
Private U.S. property/casualty insurers’ net income after taxes grew to $31.0 billion in first-half 2015 from $26.0 billion in first-half 2014, with insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus growing to 9.2 percent …
Hurricane Katrina made landfall in Southern Florida as a Category 1 hurricane 10 years ago this week. Moving into the Gulf of Mexico where it strengthened into a Category 5 hurricane, it then made a second landfall on August 29 …
The Property Casualty Insurers Association of America (PCI) is remembering the lives lost and those who were significantly impacted by the aftermath of Hurricane Dennis nearly 10 years ago this week. Hurricane Dennis known for intense winds and storm surge …
Private U.S. property/casualty insurers’ net income after taxes fell to $55.5 billion in 2014 from $63.4 billion in 2013, with insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus dropping to 8.4 percent from 10.2 …
Federal emergency officials are taking new steps to address concerns from homeowners still struggling to rebuild after Superstorm Sandy more than two years ago, New Jersey and New York lawmakers announced Friday. U.S. Sen. Robert Menendez, who has spearheaded a …
Private U.S. property/casualty insurers’ net income after taxes rose $1.6 billion to $26.0 billion in first-half 2014 from $24.4 billion in first-half 2013. Reflecting insurers’ net income after taxes, policyholders’ surplus – insurers’ net worth measured according to Statutory Accounting …
Private U.S. property/casualty insurers’ net income after taxes grew to $63.8 billion in 2013 from $35.1 billion in 2012, with insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus climbing to 10.3 percent from 6.1 …